Property Overview: 70 Pennyhill Gate, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 70 Pennyhill Gate is a modern, well-sized property built in 2018. Its primary appeal lies in its efficient and spacious layout. With nearly 1,900 sqft of living space, it offers significantly more room than the average Winnipeg home, providing excellent value for its square footage. The lot, while smaller than many in the immediate Leila North area, is still a generous size for a newer build and is very manageable.
The property’s standout feature is its relative newness compared to the broader city housing stock, placing it in the top tier citywide for year built. This suggests modern construction standards, likely better energy efficiency, and fewer immediate major repair concerns than older homes. However, within its own newer street and neighbourhood, it is one of the older homes on the block, which is a nuanced point for buyers to consider.
This home would suit buyers looking for move-in-ready, modern space without the premium often attached to brand-new construction. It’s ideal for a young family or professional couple who value interior space and modern amenities over a very large yard. The assessed value indicates it sits in a stable, established price range for the area, making it a sensible choice for pragmatic buyers.
Section 2: Frequently Asked Questions
1. How does the home’s value compare to the area?
The assessed value is very typical for both Pennyhill Gate and the wider Leila North area, indicating it’s priced in line with its immediate peers. Notably, this assessed value is well above the citywide average, reflecting the desirability and newer housing stock of this neighbourhood.
2. What does the "year built" ranking mean?
While this 2018 home is newer than 96% of all homes in Winnipeg, it’s actually one of the older homes on its own street, where many houses were built around 2019 or later. This means you benefit from modern construction city-wide, but may have neighbours with even newer homes.
3. Is the lot size a drawback?
The lot is smaller than many in Leila North, but at over 4,300 sqft, it is still a good size and is actually close to the city average. It offers ample outdoor space for gardening or recreation while requiring less maintenance than a larger lot.
4. What can the 2019 sale price range tell me?
The historical sale price (CA$400k–450k) provides a benchmark for the home’s market value at that time. Comparing this to the current assessed value can offer insight into market trends, but for an exact sale price to inform your offer, you need to request the precise figure via the provided email service.
5. Who are the most comparable buyers for this property?
The most likely buyers are those who prioritize interior space and modern build quality over having the newest home on the block or the largest yard in the neighbourhood. It’s a balanced option for those seeking a established, yet contemporary, family home in a consistent and newer suburban area.